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    <RIN_INFO>
        <RIN>2590-AB41</RIN>
        <PUBLICATION>
            <PUBLICATION_ID>202504</PUBLICATION_ID>
            <PUBLICATION_TITLE>Unified Agenda of Federal Regulatory and Deregulatory Actions</PUBLICATION_TITLE>
        </PUBLICATION>
        <AGENCY>
            <CODE>2590</CODE>
            <NAME>Federal Housing Finance Agency</NAME>
            <ACRONYM>FHFA</ACRONYM>
        </AGENCY>
        <RULE_TITLE>Federal Home Loan Bank Unsecured Credit Limits</RULE_TITLE>
        <ABSTRACT><![CDATA[<!DOCTYPE html>
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<p><strong>The proposed rule is&nbsp;withdrawn.&nbsp;&nbsp;</strong>The proposed rule would have amended the provision of FHFA&rsquo;s regulation on Federal Home Loan Bank Capital Requirements establishing limits on unsecured extensions of credit to modify limits on Federal Home Loan Bank extensions of unsecured credit in their on- and off-balance sheet and derivative transactions. Currently, overnight federal funds are excluded from the more restrictive general limit&rdquo; on unsecured credit to a single counterparty and are limited only by the higher overall limit.&rdquo;&nbsp; The proposed rule would have added interest bearing deposit accounts and other authorized overnight investments to that exclusion, which may have provided greater flexibility and improved cost to yield than overnight federal funds. Development of the proposed rule was based partially on stakeholder input received as part of FHFA's Federal Home Loan Bank System at 100 initiative, as well as on requests from the Federal Home Loan Banks and their boards of directors.</p>
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        <PRIORITY_CATEGORY>Substantive, Nonsignificant</PRIORITY_CATEGORY>
        <RIN_STATUS>Previously Published in The Unified Agenda</RIN_STATUS>
        <RULE_STAGE>Proposed Rule Stage</RULE_STAGE>
        <MAJOR>No</MAJOR>
        <UNFUNDED_MANDATE_LIST>
            <UNFUNDED_MANDATE>No</UNFUNDED_MANDATE>
        </UNFUNDED_MANDATE_LIST>
        <EO_13771_DESIGNATION>Independent agency</EO_13771_DESIGNATION>
        <CFR_LIST>
            <CFR>12 CFR 1277</CFR>
        </CFR_LIST>
        <LEGAL_AUTHORITY_LIST>
            <LEGAL_AUTHORITY>12 U.S.C. 1426</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>12 U.S.C. 1431</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>12 U.S.C. 1436</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>12 U.S.C. 4511</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>12 U.S.C. 4513</LEGAL_AUTHORITY>
            <LEGAL_AUTHORITY>12 U.S.C. 4526</LEGAL_AUTHORITY>
        </LEGAL_AUTHORITY_LIST>
        <LEGAL_DLINE_LIST/>
        <RPLAN_ENTRY>No</RPLAN_ENTRY>
        <TIMETABLE_LIST>
            <TIMETABLE>
                <TTBL_ACTION>NPRM</TTBL_ACTION>
                <TTBL_DATE>10/03/2024</TTBL_DATE>
                <FR_CITATION>89 FR 80422</FR_CITATION>
            </TIMETABLE>
            <TIMETABLE>
                <TTBL_ACTION>NPRM Comment Period End</TTBL_ACTION>
                <TTBL_DATE>12/02/2024</TTBL_DATE>
            </TIMETABLE>
            <TIMETABLE>
                <TTBL_ACTION>NPRM; Withdrawal</TTBL_ACTION>
                <TTBL_DATE>05/00/2026</TTBL_DATE>
            </TIMETABLE>
        </TIMETABLE_LIST>
        <RFA_REQUIRED>No</RFA_REQUIRED>
        <SMALL_ENTITY_LIST>
            <SMALL_ENTITY>No</SMALL_ENTITY>
        </SMALL_ENTITY_LIST>
        <GOVT_LEVEL_LIST>
            <GOVT_LEVEL>None</GOVT_LEVEL>
        </GOVT_LEVEL_LIST>
        <FEDERALISM>No</FEDERALISM>
        <ENERGY_AFFECTED>No</ENERGY_AFFECTED>
        <FURTHER_INFO_URL>www.fhfa.gov; www.regulations.gov</FURTHER_INFO_URL>
        <PUBLIC_COMMENT_URL>www.fhfa.gov; www.regulations.gov</PUBLIC_COMMENT_URL>
        <PRINT_PAPER>No</PRINT_PAPER>
        <INTERNATIONAL_INTEREST>No</INTERNATIONAL_INTEREST>
        <AGENCY_CONTACT_LIST>
            <CONTACT>
                <FIRST_NAME>Jack</FIRST_NAME>
                <LAST_NAME>Phelps</LAST_NAME>
                <TITLE>Assoc. Dir., Ofc of Capital Markets and Financial Analysis, Div of Federal Home Loan Bank Regulation</TITLE>
                <AGENCY>
                    <CODE>2590</CODE>
                    <NAME>Federal Housing Finance Agency</NAME>
                    <ACRONYM>FHFA</ACRONYM>
                </AGENCY>
                <PHONE>202 975-9704</PHONE>
                <EMAIL>jack.phelps@fhfa.gov</EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>400 Seventh Street SW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20219</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
            <CONTACT>
                <FIRST_NAME>Eric</FIRST_NAME>
                <LAST_NAME>Raudenbush</LAST_NAME>
                <TITLE>Associate General Counsel</TITLE>
                <AGENCY>
                    <CODE>2590</CODE>
                    <NAME>Federal Housing Finance Agency</NAME>
                    <ACRONYM>FHFA</ACRONYM>
                </AGENCY>
                <PHONE>202 649-3084</PHONE>
                <EMAIL>eric.raudenbush@fhfa.gov</EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>400 Seventh Street SW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20219</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
        </AGENCY_CONTACT_LIST>
    </RIN_INFO>
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